Fulton Financial (FULT) SEVP granted 5,786 RSUs with tax-share withholding
Rhea-AI Filing Summary
Fulton Financial Corporation Senior Executive Vice President John J Glover received a grant of 5,786 Restricted Stock Units on May 1, 2026 under the Fulton Financial Corporation 2022 Amended and Restated Equity and Cash Incentive Compensation Plan, with each unit representing a contingent right to one share of $2.50 par value common stock.
On the same date, previously granted RSUs vested and were exercised into 4,033.3936 shares of common stock, and 1,369.3936 shares were withheld at $21.6200 per share to cover his tax liability. Following these transactions, he directly owned 4,087.3819 shares of common stock, which include 13.19083 and 12.298567 shares acquired through dividend reinvestment on January 16, 2026 and April 16, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,664 shares
Net Buy
4 txns
Insider
Glover John J
Role
SEVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,786 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 4,033.3936 | $0.00 | $0.00 |
| Exercise | $2.50 par value Common Stock | 4,033.3936 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | $2.50 par value Common Stock | 1,369.3936 | $21.62 | $30K |
Holdings After Transaction:
Restricted Stock Units — 17,137.0593 shares (Direct);
$2.50 par value Common Stock — 4,087.3819 shares (Direct)
Footnotes (5)
- F1. Includes 13.19083 shares acquired on January 16, 2026 and 12.298567 shares acquired on April 16, 2026 pursuant to dividend reinvestment.
- F2. Represents shares withheld to cover the reporting person's tax liability.
- F3. Each restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation common stock.
- F4. Restricted stock unit award granted May 1, 2026, under the Fulton Financial Corporation 2022 Amended and Restated Equity and Cash Incentive Compensation Plan.
- F5. Reflects the earning and vesting of certain restricted stock units ("RSUs"), including the accrued dividend equivalents, as of May 1, 2026. The RSUs were granted on May 1, 2023.
Key Figures
RSU grant: 5,786.0000 units
RSUs vested and exercised: 4,033.3936 units
Shares withheld for taxes: 1,369.3936 shares
+4 more
7 metrics
RSU grant
5,786.0000 units
Restricted Stock Units granted on May 1, 2026 under the 2022 Amended and Restated Equity and Cash Incentive Compensation Plan
RSUs vested and exercised
4,033.3936 units
Restricted Stock Units earning and vesting as of May 1, 2026, converted into common stock
Shares withheld for taxes
1,369.3936 shares
Common shares withheld to cover the reporting person's tax liability
Tax withholding price
$21.6200 per share
Per-share value used when shares were withheld to satisfy tax obligations
Post-transaction common stock holding
4,087.3819 shares
Direct holdings of $2.50 par value common stock after the reported transactions
Dividend reinvestment (Jan 16, 2026)
13.19083 shares
Shares acquired pursuant to dividend reinvestment on January 16, 2026
Dividend reinvestment (Apr 16, 2026)
12.298567 shares
Shares acquired pursuant to dividend reinvestment on April 16, 2026
Key Terms
Restricted Stock Units, dividend reinvestment, accrued dividend equivalents, Equity and Cash Incentive Compensation Plan, +1 more
5 terms
Restricted Stock Units financial
"Restricted stock unit award granted May 1, 2026, under the Fulton Financial Corporation 2022 Amended"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend reinvestment financial
"shares acquired on January 16, 2026 and 12.298567 shares acquired on April 16, 2026 pursuant to dividend reinvestment"
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
accrued dividend equivalents financial
"Reflects the earning and vesting of certain restricted stock units ("RSUs"), including the accrued dividend equivalents"
Equity and Cash Incentive Compensation Plan financial
"award granted May 1, 2026, under the Fulton Financial Corporation 2022 Amended and Restated Equity and Cash Incentive Compensation Plan"
tax liability financial
"Represents shares withheld to cover the reporting person's tax liability"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did Fulton Financial (FULT) SEVP John J Glover receive on May 1, 2026?
John J Glover received a grant of 5,786 Restricted Stock Units on May 1, 2026. Each restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation $2.50 par value common stock under the company’s 2022 equity and cash incentive plan.
How many Fulton Financial (FULT) RSUs vested and converted to common stock in this Form 4?
A total of 4,033.3936 Restricted Stock Units vested and were exercised into 4,033.3936 shares of Fulton Financial $2.50 par value common stock. These RSUs reflect the earning and vesting of awards, including accrued dividend equivalents, as of May 1, 2026.
Were John J Glover’s FULT transactions made under a Rule 10b5-1 trading plan?
The Rule 10b5-1 checkbox for these transactions is not marked as affirmative, indicating they are not identified as being made pursuant to a Rule 10b5-1 trading plan. No footnote discloses any separate pre-arranged trading arrangement for these equity awards and related share movements.